Monday, September 29, 2008

Canada Increases Swap Agreement With Fed to $30 Bln

Canada has national health care. Just thought I'd remind everyone of that. They respect their citizens. As a rule they don't exploit them. Ah, yep. Ain't life amazin', huh? Who ever thought a bunch of southerners would be the heroes of the day. So, cool.



Federal surplus reaches almost $10B (click here)
Paul Vieira , Canwest News Service
Published: Monday, September 29, 2008
OTTAWA - The federal government posted a surplus for the last fiscal year of just less than $10 billion, the Department of Finance reported Monday, slightly below what had been anticipated.
According to the 2007-08 annual financial report, the Canadian government recorded a $9.6-billion surplus for the 12-month period ended March 31, just off the $10.2-billion target anticipated in the last budget.
Ottawa missed the forecast as revenue was $2.1 billion lower than forecast, whereas expenses were $1.7 billion less than anticipated. Also, public-debt charges were $200 million more than expected....